I'm curious about MATI opinion on the Trump supporters of tariffs. It seems like they just throw away basic sense economic ideas, and try their hardest to not see how the tariffs are retarded.
Recent Metokur tweet (inb4 "it's just a joke", he supports tariffs):
View attachment 7190135
You can however easily find an actual
article for this, not just a small clip and tweet.
The proposed zero for zero tariff is something the EU wanted for more than a decade, and it would be a thing already if Trump didn't kill it the first time he was in office.
So he tanked the economy, and the amazing, great Trump victory is that the EU might get what they always wanted, and Trump will walk back what he did in his first term.
Other G7 countries already have this deal:
>The EU charges average tariffs of just 1.6 percent on U.S. non-agricultural products, on a trade-weighted basis. But it does charge a higher tariff of 10 percent on imported American cars — although the U.S. is the only G7 country that still pays it because TTIP wasn’t concluded.
It's weird seeing how easy it is to find out this information, yet Trump is doing some epic negotiation tactic by turning investors away from the US. Even though he could have just asked for it, the EU wanted this too.